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0 Baths
2,400 sqft

$199,000

859 Lexington St, Norfolk VA, 23504

Price per sqft$82.92
Built in1899
Property size2,400 sqft
Property typeMulti-family

Overview

Active

Listed Jun 30, 2026

Updated 32h ago

Cash buyers only- Investor Special! Don't miss this cash-flow opportunity in a rapidly growing area of Norfolk. This duplex requires only cosmetic updates, making it the perfect value-add investment for your rental portfolio or fix-and-hold strategy. With solid bones and strong rental potential, this property offers the chance to build equity without a major renovation. Located just 15 minutes from the beach, with convenient access to military bases, shopping, dining, downtown Norfolk, and major interstates, the location is ideal for attracting long-term tenants. Whether you're a seasoned investor or looking to expand your portfolio, this is an excellent opportunity to own an income-producing property in a high-demand rental market. Sold As-Is. Inspection is for informational purposes only. Schedule your showing today!

$1,324/mo

Est. mortgage payment based on a $199,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$2,862
Tax Frequency
Annually

Listed by Next Level Real Estate Group LLC, Jasmine Douglas, (804) 709-9852 

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2026 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 10/10/2026

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